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A tailor tags a jacket 48% above what it costs him and later allows a 25% festive discount on the tag. Find his profit percent.

Competition practiceProfit, Loss & Discount
  • A11
  • B23
  • C13
  • D9

Step-by-Step Solution

Take cost = ₹100. Tag = ₹148; after 25% off he gets = ₹111. Profit = ₹11 on ₹100, i.e. 11%.
Answer: A) 11

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